Factory Automation Market to Grow at 8.9% CAGR: Key Trends & Insights
Factory Automation Market to Reach USD 578.26 Billion by 2030, Growing at 8.9% CAGR Summary: The global Factory Automation Market was valued at USD 318.37 Billion in 2023 and is projected to reach USD 578.26 Billion by 2030 , registering a CAGR of 8.9% during the forecast period (2024-2030) . Increasing demand for industrial automation, advancements in AI, and the rise of smart factories are key factors driving the market growth. To get the sample please click here: https://www.maximizemarketresearch.com/request-sample/63386/ Market Size: Factory automation is transforming industries by enhancing productivity, reducing operational costs, and ensuring high efficiency. The market's significant expansion is attributed to growing investments in Industry 4.0, increased adoption of robotics, and digitalization across manufacturing sectors worldwide. Scope and Research Methodology: The report by M...